Customers are seen at a Standard Chartered bank branch in Shanghai. [WANG GANG/FOR CHINA DAILY] HEFEI — Standard Chartered on Wednesday opened a branch in Hefei, capital of Anhui province in East China, as the British banking giant beefs up its presence in China. Standard Chartered now has a presence in all four provincial-level regions … Continue reading Standard Chartered opens branch in East China city
Tag: support
Tax policy to better support economic recovery
The Inner Street Culture Creative Park is bustling with activity during the night market in Qingxiu district, Nanning city, Guangxi Zhuang autonomous region, on April 16, 2024. [Photo/VCG] China’s fiscal authorities will intensify efforts in areas like fully supporting sci-tech innovation and expanding domestic demand to further facilitate economic recovery, a senior official from the … Continue reading Tax policy to better support economic recovery
Huawei’s Pura 70 smartphones go on sale
Huawei’s logo. [Photo/VCG] Huawei Technologies Co officially kicked off the sales of its much-anticipated Pura 70 series on Thursday morning, which is widely seen as the key to further reviving its smartphones business in China Pura 70 series is widely expected to generate enthusiasm among consumers in China, and may see a sales boom similar … Continue reading Huawei’s Pura 70 smartphones go on sale
China advances financial services for manufacturing industry
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will step up efforts on enhancing financial services for the manufacturing industry, to facilitate the advancement of new industrialization, according to a circular unveiled on Tuesday. The joint report published by the National Financial Regulatory Administration, the Ministry … Continue reading China advances financial services for manufacturing industry
Avnet bullish on China’s growth
A logo sign outside of the headquarters of Avnet Inc, in Phoenix, Arizona, on Feb 3, 2018. [Photo/IC] Avnet, a US-based semiconductor technology distributor and solutions provider, is optimistic about China’s long-term growth potential and sees abundant opportunities from the country’s emphasis on the digital economy and low-carbon transformation, a senior company executive said. Grace … Continue reading Avnet bullish on China’s growth
Mastercard eyes booming Chinese consumer market
Various payment options including Mastercard, UnionPay and Visa are available at a store in Shanghai. [Photo/China Daily] The transformation of the Chinese economy which utilizes more innovation-driven and consumption-oriented drivers will further consolidate its solid fundamentals, bringing more business opportunities for foreign investors, said a senior executive of Mastercard. Ling Hai, president for Asia-Pacific, Europe, … Continue reading Mastercard eyes booming Chinese consumer market